Economic Advisement Paper
Imagine that your Learning Team is a group of economic advisors working for the U.S. President. You have been tasked with evaluating the current state of the U.S. economy and making recommendations on how to improve it.
Part 1 Analysis and Recommendations:
Describe the current state of the following economic factor and analyze how it affects aggregate supply and demand:
Develop a set of recommendations for the president regarding government spending and taxes based on the economic factors’ (unemployment) current state.
Part 2 Evaluation of Recommendations:
Evaluate the recommendations from different perspectives. Evaluate the recommendations from a Keynesian perspective and from the Classical perspective. Based on these evaluations, what adjustments will you make to your recommendations, if any?
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